Friday, August 28, 2009
Japan Still Mired In Severe Deflation
Japan just can't shake deflation. Consumer prices fell a record 2.2% in July. Even if you strip out food & energy prices, which ran up last year, Japanese prices still fell 0.9%.
It increasingly appears the country is fighting a losing battle here...
BI: Japan Still Mired In Severe Deflation
It increasingly appears the country is fighting a losing battle here...
BI: Japan Still Mired In Severe Deflation